Australia March employment unexpectedly falls 6,600, jobless rate ticks up to 3.8%
Australian employment rate 2024: Australian employment fell in March after an enormous gain the month before while the jobless rate resumed its uptrend, a sign that the hot labour market was still on track to loosen from here.
![Australia March employment unexpectedly falls 6,600, jobless rate ticks up to 3.8%](https://cdn.zeebiz.com/sites/default/files/2024/04/18/288643-untitled-design-53.jpg?im=FitAndFill=(1200,900))
Australian employment rate 2024: Australian employment fell in March after an enormous gain the month before while the jobless rate resumed its uptrend. Image: Reuters